$150
in 1845 →
$5,063.64
in 2019

Inflation Calculator

$150
in 1845 →
$5,063.64
in 2019

U.S. Inflation Rate, $150 in 1845 to 2019

According to the Bureau of Labor Statistics consumer price index, today's prices in 2019 are
3,275.76% higher than
average prices throughout 1845.
The dollar experienced an average inflation rate of 2.04% per year during this period, meaning the real value of a dollar decreased.

In other words, $150 in 1845 is equivalent in purchasing power to about $5,063.64 in 2019, a difference of $4,913.64 over 174 years.

The 1845 inflation rate was 1.33%. The current inflation rate (2018 to 2019) is now 1.75%1. If this number holds, $150 today will be equivalent in buying power to $152.62 next year.
The current inflation rate page gives more detail on the latest official inflation rates.

$150 in 1845 has the same "purchasing power" or "buying power" as $5,063.64 in 2019.

To get the total inflation rate for the 174 years between 1845 and 2019, we use the following formula:

CPI in 2019 - CPI in 1845CPI in 1845

×

100

=

Cumulative inflation rate (174 years)

Plugging in the values to this equation, we get:

256.558 - 7.67.6

×

100

=

3,276%

News headlines from 1845

Politics and news often influence economic performance. Here's what was happening at the time:

Suggestion of aggressive expansion of the United States made by President James K. Polk to Congress, appeal known as Manifest Destiny

The Union admits Texas as 28th state.

James K. Polk,becomes the United States' 11th President,

Data Source & Citation

Raw data for these calculations comes from
the Bureau of Labor Statistics'
Consumer Price Index
(CPI), established in 1913. Inflation data from 1665 to
1912 is sourced from a historical study conducted by political science
professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page:
“$150 in 1845 → 2019 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 15 Sep. 2019, https://www.officialdata.org/1845-dollars-in-2019?amount=150.